View a live demo for the latest in business lending or updates on Atlas products.
Is the Solution Built by Bankers?
Does the Vendor Implement Compliance by Design?
Are There Robust Compliance Policies?
Is There Flexibility for Banker’s Controls?
Lauren Friend McKelvey serves on the Board of Directors for the Freedom Bank of Virginia and as General Counsel and Chief Compliance Officer for StreetShares, a digital business banking solution provider. StreetShares’ Atlas Platform rapidly enables community banks with complete business product solutions from sales to closing. The Atlas Platform levels the playing field for community bankers to compete with the largest banks and financial technology firms. For more information, please email email@example.com
Join The Atlas Small Business Lending Deep Dive
Where top loan officers find research, analysis and the best strategies for building high-performing small business loan portfolios.
Developing a vendor questionnaire regarding cybersecurity can be complex. The market is noisy and oversaturated with abbreviations such as SOC, MFA, and AUP, which can be confusing when every vendor claims their solution is the best. Ensuring success in selecting the right vendor can be simplified by asking the right questions and using a format that is easily digestible, even if you do not have a dedicated cybersecurity team.
Banking is arguably the most regulated industry in the U.S. with an alphabet soup of regulations: GLB, FCRA, ECOA, BSA, AML, OFAC, CAN-SPAM, UDAAP, and many more. You
can recognize all of these acronyms, but can your software vendor? With these four important questions, you can quickly identify a vendor that treats compliance as seriously as you do.
The Paycheck Protection Program (PPP) is a $813.5B business loan program established by the United States federal government in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The CARES Act was designed to help certain businesses, self-employed workers, sole proprietors, certain nonprofit organizations, and tribal businesses continue paying their workers.
Leverage our experience to build the right small business portfolio strategy. Stay up-to-date on the most important trends community lenders should be paying attention to.